Insurance Information

I am sure there will be a collective sigh of relief from many people out there as interest rates are about to drop or, in some cases, have already dropped. 

According to the Radio New Zealand website a larger than expected half a percentage drop to 7.5% in the cash rate will also offer some relief to the growing inflation that sees considerable increases in costs for all businesses and individuals alike.

Here’s hoping that this sees the return of a period of growth for all New Zealanders.

On Thursday 11 September 2008 both Kiwibank and Westpac

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We are often asked why we encourage commercial building owners to get valuations every two years. Many owners see this as an additional cost that they do not need to have. However, given that the main reason for having insurance is to protect the owner from the big event then it is really important to make sure that your policy covers you for the full replacement of your building. 

During the last two years there has been some large increases in building replacement costs because of the rise in labour, compliance and material costs.

According to John

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Adipex online

With the Federal Reserve bailing out the largest insurance company in the world with a takeover of 80% AIG’s assets for approximately 10% of the true asset value of the company then there must be some confidence for all current AIG policy holders, agents and brokers who have business insured with the company and all employees of AIG. Although AIG would have us believe it was not a bailout (as can be seen below in the comments from AIG’s New Zealand Chief Executive, Rob Ryan)

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